Jul 21, 2011 7:00am EDT
moment for me. it was great. >>> in the news this morning, news corp. executive rupert murdoch is back in the u.s. as his phone hacking scandal widens. martin fletcher has the latest from london. martin? >>> good morning. after the high drama of the past week here, today, media, police, government, are all licking their wounds while promising to find out who knew what and when. while rupert murdoch is assessing the damage to his empire. murdoch looked happy to be hope after tuesday's grilling by parliament members. a new york welcome. >> welcome home. >> nice life. >> the slap heard across the world as for britain's parliament, the getting to the bottom of the phone hacking scandal, they've gone on summer recess. but it isn't over for rupert murdoch by a long shot. >> the long-term effects are difficult to see, mistakes were made. it cost him a lot of money. >> reporter: it may cost hem a lot more. the biggest pension fund in the u.s. called for a reform of news corp. but their support from the biggest inside investor, a saudi prince, who owns 7% of news corp. he said the company remay
Jul 21, 2011 7:00am PDT
. >>> news corp.'s rupert murdoch is back in the headlines as the phone scandal widens. martin fletcher has the latest now from london. martin? >> reporter: hi, natalie, good morning. after the high drama of the past week here, today british police, mediaia, government are all licking their wounds, asking who knew what and when while rupert murdoch is assessing damage to his empire. murdoch looked happy to be home after the grilling by british parliament members. >> welcome home. >> nice left, wendi. nice left. >> the slap heard across the world. as of britain's parliament, the result to get to the bottom. phone hacking scandal, they have a summer recess until september 5, but it isn't over for rupert murdoch by a long shot. >> the long-term effect on news corp. are difficult to see. mistakes were clearly made. it's cost him a lot of money. >> reporter: and it may cost more. calpers, the biggest pension fund in the u.s. called for a reform of news corp., for their support, too, from a bigger outside investor, prince al walal who says the company remains a valuable and long-term investment.
Jul 14, 2011 7:00am PDT
as scotland yard alleges, murdoch's company may have broken u.s. law. >> news corp is an american corporation and they are bound by american laws regardless of where the offense takes place. >> reporter: u.s. politicians are also latching on to an unconfirmed report from an unnamed source that "news of the world" hacked phones belonging to 9/11 victims. >> anyone who did this really forget the legality, just in terms of the morality of this is just beyond the pale. >> reporter: the 9/11 allegation appeared on sunday in light of congressional concerns, we called news international, the subsidiary and they told us they have seen no evidence that those allegations are true. >> stephanie gosk in london this morning. thanks as always. martin bashir, it's good to have you here. sometimes when i have you, i like to ask the simplest question first because i like your take. you spend a lot of time as a journalist in the u.k. and here in the united states. >> i worked for the sunday times between 1984 and 1985. >> as you've watched this story unfold over the last month or so, what jumps out at you? >>